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The Salvation Army thrift stores are owned by the Salvation Army, a church and not-for-profit worldwide religious organization based in London.
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What business type is the salvation army?
The Salvation Army is a church organization that is in over 120 countries in the world. There is not one person who owns the Salvation Army, but there are individuals who run each location and pay for the bills at that specific location. There is also one person who is in charge of the entire Salvation Army, and that is currently General Linda Bond.
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According to Salvation Army's web page, they direct 85% of all donations directly to helping the needy, however, because it is officially a church, it is not required to give out any kind of actual financial statement publicly. Few realize that it owns $75 Million dollars worth of real estate in Florida alone, or that it's CEO receives an annual salary in excess of $150,000 and lives rent free in a home provided by The Salvation Army. The SA's ordained clergy are all provided homes that measure up to 3,000 square feet.
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